Mar, 31, 2022 — DAKOTA STAR FEDERAL CREDIT UNION is a federal credit union headquartered in RAPID CITY, SD with 2 branch locations and about $37.02 million in total assets. Opened 70 years ago in 1952, DAKOTA STAR FEDERAL CREDIT UNION has about 2,367 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DAKOTA STAR FEDERAL CREDIT UNION |
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Address: (Main Office) | 3122 W SAINT LOUIS ST RAPID CITY, SD 57702-2354 |
Phone: | (605) 342-6442 |
Fax: | (605) 342-3301 |
Website: | http://www.dakotastar.org |
Branches: | 2 branch locations |
Members: | 2,367 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 8039 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Apr 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $37,021,384 |
CEO/Manager: | KELLI WOLD |
Chairperson: | ROBIN CLARKE |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,727,597 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,456,862 |
Unsecured Loans | 821,205 |
Other Loans | 14,575,227 |
TOTAL LOANS | 19,895,401 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -77,159 |
Land And Building | 2,059,964 |
Other Fixed Assets | 172,831 |
NCUSIF Deposit | 243,529 |
All Other Assets | 0 |
TOTAL ASSETS | 37,021,384 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 67,207 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 8,388,745 |
Regular shares | 10,311,955 |
All Other Shares & Deposits | 15,411,439 |
TOTAL SHARES & DEPOSITS | 34,112,139 |
TOTAL LIABILITIES | 34,179,346 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,842,038 |
TOTAL EQUITY | 2,842,038 |
TOTAL LIABILITIES, SHARES, & EQUITY | 37,021,384 |
INCOME & EXPENSE | |
Loan Income | 211,796 |
Investment Income | 20,079 |
Other Income | 53,711 |
Total Employee Compensation & Benefits | 148,939 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 135,472 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 8,155 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 21,869 |
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